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Oct 5, 2012 6:30pm EDT
-growth environment. >> reporter: michelle mier is senior u.s. economist for bank of america. 100,000 plus jobs is healthy but not impressive. >> and think about what we've come off of, the deepest postwar recession and adding about 100,000 or so jobs a month. it's not sufficient. >> reporter: much of the drop in the unemployment rate is due to the growth in part-time jobs. >> . >> i didn't even get responses to my resumes. >> reporter: 56-year-old amy crawford was forced to take a minimum wage job in a chicago restaurant. when she couldn't find full time work as a home designer. >> i'm almost at a bird in the hand is worth two in the bush. i'm not confident in the economy. >> reporter: 40% of the unemployed have been out of work six months or more. that number did not drop last month. fed chairman ben bernanke said this week his concern is that growth just isn't fast enough to put people back to work. >> pelley: anthony, you mentioned that about 150,000 jobs are being created each month lately. what kind of difference does that make to the 12 million people who are still unemployed? >> not muc
Oct 3, 2012 9:00pm EDT
plan will kill 700,000 jobs. i don't want to kill jobs in this environment. let me make one more point. >> lehrer: let me -- let him answer the taxes thing for a moment. mr. president? >> well, we've had this discussion before. >> lehrer: about the idea that in order to reduce the deficit there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. governor romney has ruled out revenue. he's ruled out revenue. >> lehrer: that's true. >> absolutely. >> lehrer: completely? >> the revenue i get is by more people working getting higher pay paying more taxes. that's how we get growth and balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain. spain spends 42% of their total economy on government. >> lehrer: okay. >> we're now spending 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> lehrer: mr. president,
Search Results 0 to 1 of about 2